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20121201
20121231
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FBC 16
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Search Results 0 to 15 of about 16 (some duplicates have been removed)
in michigan and we're there. good morning, everyone, governor snyder is about to sign legislation that makes michigan the 24 right to work state. the unions want to stop it. they're out in force at the capital. it could get ugly. gas prices are tumbling in st. louis. listen to this, at 3.32 a gallon nationwide the price is still the highest ever for this time in december. california, a national carbon tax could be on the the way, they've got one already, how is that working out? and china may be the number one economy soon. really? "varney & company" about to begin. >> right off the top, breaking news for you now. fox business learned that a group claimed to be aligned with terrorism is threatening to launch a massive attack against u.s. bank websites and made that threat in the fall and this is a new threat set to start this week, we hear. and a list of banks targeted includes j.p. morgan chase, bank of america, u.s. bancorp, pnc financial services and suntrust banks. more details when we've got them. the power and might of unions on display today and being tested. you will see huge protes
♪ >> battle ground michigan. bailout taxes, yes, the wolverines state set a stage today. item one, four hours from now, president obama visits a suburb of detroit. in that near bankrupt city asks for a bailout. will the president oblige. organizationed labor health. the right to work legislation. the unions hate it. will the president step in? . detroit voted for him, the unions, mr. obama is there, what is he going to do? china is here buying part of the bailed out aig, buying 123 battery company and buying american mansions. that's what happens when china has the money and we've spent all of ours. or losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it just common sense. from ameritrade. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holid deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] brea
michigan's new right to work law to the ballot box. someone here says that's the vote that could back fire on our entire job market. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. at your local excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did she seriously just say that? geico. just click away with our free mobile app. >> unions still worked up over michigan's new right to work law. they're trying to get it on the ballot on hope voters will shoot it down. toby says that could have big repercussions everywhere. >> shows 50 ye
means for the company. adam: shifting to a right to work state. michigan's organized labor. take a look at how the dollar is faring today. ♪ >> @23 past the hour, i have your fox news minute. reuters reporting protesters have broken through military barricades in cairo egypt. president morsi spoke to the nation calling for a national dialogue. he refused to bed. japanese authorities telling the united nations no problems have been detected that nuclear plants near the epicenter of that 7.3 magnitude earthquake that walked the country today. a 1 meter tsunami in the area near honshu. there is no threat of a wide spread tsunami. the nurse has taken her own life that got caught -- the dj posed as queen elizabeth and king charles. those are your headlines. back now to adam and melissa. melissa: unbelievable. protests in michigan as state lawmakers approve right to work law graduation. new laws that prohibit new unions from collecting fees from non-members. mike towbin has more on this. >> they cannot stop what governor rick snyder calls freedom to work legislation from being passed on tue
? this is an unfortunate example of the realities of this type of political process. >> brendawell, jonas, dn't michigan, didn't detroit already get a bailout. >> yes, it was called t auto bailo. and before the election, unformer. two admistrations that did that. everyone wts a bailout and the president's going to get your votes one way or the other. question is coming up more broadly, right now new jersey and an other of states getting a huge one because it s a cast catastrophe. >> and if it's beyond your control and-- >> the case is we voted for you, we get a bailout. >> and on the other side, detroit is in a multi-decade collapse that is beyond the scope, it's almost lik a hurricane. and i'm not saying it's totally insane for nem to get a disproportionate amount-- >> gary b, you le in maryland, should you and maryland be paying for what detroit or michigan is deciding to do with unions and pensns and how they got themselves in this mess in the first place? >> exactly, brenda. i kind of agree with jonas. i'm not sure i'd be so quick bail out cities with national catastrophes. they decided to live ther
they, depardu. and new at ten demonstrators in michigan should take note. earlier this year, indiana approved right to work laws. what secretary is the result? i'll tell you, more jobs. at the top of the hour how many more jobs that state will already have added. it's the time when i tell you that time is money and so in 30 seconds, here is what else we've got for you. just how many people are offended when someone wishes them a merry christmas, i'm going to find out. i'll say that to the head of the american atheists, chrysler workers caught on camera drinking and smoking pot get their jobs back. we'll talk to the reporter who broke the story two years ago. how many gun stores are there in america? how many grocery stores are there? the comparative numbers my surprise you. we've got a lot of opinions coming in to us on "varney & company" and we want to keep it flowing. varney@foxbusiness.com is how you reach us. i've got seven early movers for you, high profits, but less money coming in in the packaging company, greece it's called. what's with the stock? it's up about 4%. the rare e
, the newest is the state of michigan. if any state was emblematic of organized labor in this country, it has to be the state of michigan, moving in the direction of north carolina and 23 other states as well. this is starting to look like a serious shift historically. perhaps the entire nation becoming brightwork. >> i agree with that. i agree with that because you see 91010 states. especially michigan. lou: insurance exchanges states are deciding whether to create insurance for themselves or -- i don't know whether to call them chitects are what obamacare -- these insurance exchanges are not happening. eighteen states plus washington dc are the only ones who have declared that he they will set their own exchanges under obamacare. by my math, that leaves 25. we are going to leave it up to the government. that is remarkable. >> i was proud to be part of a 26 a coalition that led the fight against this health care lawsuit to this report. we were able to carve out the ability for states to opt out. i am proud of governor nikki haley for deciding to opt out of this. this huge fiscal cliff is goi
to send two trucks, good-bye twinkie. you listen to those guys fighting in michigan and it sounds like a rally at a steel plant in 1952. listen to the language: solidarity, workers rights, fight. watching those guys makes me feel like i am in a time warp. so isn't this michigan revolution an opportunity for unions to reinvent themselves? not as the enemy of management, but an ally, is that possible? cooperate to beat the foreign competition? maybe i am a hopeless dreamer, but if the unions stay stuck in the past, their long slide to oblivion will continue. stuart: california governor jerry brown has prostate cancer. doctors say the cancer is its in early stages and the prognosis is excellent. governor brown is expected to continue a full work schedule throughout treatment. he is 74 years old. >>> why isn't the market rallying on news that the fed will pump 85 -- print 85 billion dollars a month and stick it into the economy? why isn't the market rallying? the dow is up 2. that's it. joining the company from chicago is larry levin with trading advantage. will you answer the question, pl
taken this public money, which is very inresting to me. it may have helped rocco, when michigan and ohio, but it didn't help gm. >> gm is giving the stock at a bargain. the ipo is $10 more per share. the one that's just terrible. >> i think that the government should get out of this quickly as possible. obviously you want to do it in an orderly fashion. the were never going to happen again. who president of the government actually taking over, taking a controlling share, calling shots, who is going to be the ceo and stuff like that. the sooner we get past that, the better. gerri: it has to be a new day. dan and neck, thank you both for comingn today. great conversation. if you are fired up about this, drop me an e-mail at gerri@foxbussiness.com. >> coming up on "the willis report", do you want another four years? gerri breaks it down next. and the many deceptions of obamacare. >> if you like your doctor, you will be able to keep your doctor. it turns out that this is not the only lie when it comes to the president's health care law. our panel of experts weigh-in. also, this photo sring s
and the fight in michigan? [ male announcer ] you are a business pro. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and mel-free in seconds. and you...rent from national. because only national lets you choo any car in t aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ ale announcer ] just like you, business pro. just like you. go naonal. go like a pro. with fidelity's new options platform, we've completely integrated every step of the process, making it easier to try filters and strategies... to get a list of equity option.. evaluate them with our p&l calculator... and execute faster with our more intuitive trade ticket. i'm greg stevens and i helped create fidelity's options platform. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. stuart: the taxpayer is going to get out of general motors completely. the treasury is going to sell off the 500 million shares that we still have in the company. where is the stoc
to fail. >> up the speech that i gave and i was very unpopular in the mission michigan delegation. i voted against the appropriation. [talking over each other] ronald reagan might get. >> the point was it was a mistake then. not only for chrysler, because we had to bail them out again 25 years later, how can we have financial markets that have been disciplined where mistakes and errors go unpunished? u can. capitalism doesn't work that way. neil: i agree with you. you bertie concerned me. we had no choice because there was a financial abyss waiting. but if we can stabilize, the whole world would have collapsed. i've been spending the last 2.5 years writing a book on this very topic that will be coming out next winter. take aig. they had written proper rules, they wouldn't have had these problems. therefore, we could have put aig into bankruptcy. the only difference is one woman was writing all this stuff. >> so we would have survived? >> yes. neil: now we have an environment where this is routinely done. the european central bank will do the same over there. >> wt has become of capitalism?
. david: president obama visiting a michigan auto plants today discussed in a fiscal crisis. our next guest argues in the long run they could see strong auto sales if ther there's no d% all. joining us now, edmunds.com chief economist. good to see you. how would we be better off if we go for the fiscal cliff at least in auto sales? @> we're better off because we're taking hard medicine now. do we want pay now and better later, or suffer now and not be better off later. lots of fixing to do. if we get a stronger growth path for taking more heart medicine now, that bodes well for the entire economy including auto sales. david: your bi are basically wht a compromise compromise will not solve anything. right? >> or worse, some that just extends the uncertainty. eventually compromise anything. no compromise at all because that is what is killing us right now, we're just played with this vast amount of uncertainty. business is almost paralyzed afraid to move forward with hiring, investing and is paralyzing the whole economy really been abll to move forward. david: how many folks are really
: professor, do you wonder the pr nature? some of the people see violence heated up in michigan. more the exception than the norm. now threatening these ports and screwing things up for a lot of people who want get basic staples they're not really helping their image much. >> i think that is good point, neil, but my friends down at the dock tell me they're stockpiling. so i don't know how much of an interruption we will see. i guess depends how long it goes on. in response to melissa's comment about automation, that is exactly why this is coming up now because technology has advanced us forward. so the ports actually have more leverage in bargaining which is why --. neil: what is wrong with that? what is wrong with that? >> i'm not saying anything wrong with that the end goal, find to have more leverage. if your end goal is to cut benefits you've been offering many decades. this union is striking first time since 1977. >> the angle is to provide cheap goods to everyone in the country. that helps people including those at the port. >> doesn't help if we don't have a living wage in the
to think? lake michigan and all the warm air that comes that comes off the lake. it melted the snow. the surrounding states got clobbered. wisconsin had 20 inches of snow. parts of dane county and medicine. iowa, looking at depths of snow that they haven't seen since 2009. central illinois covered with snow. here in the windy city, where we have the ability to make it difficult for you to get over the river and through the woods to grandmother's house -- if you get there late come he can't blame o'hare now because things are cooking along. ashley: mike tobin, thank you, sir. more now on the fiscal cliff. how automatic spending cuts on january 2, affect defense contractors for. joining us now is charles wald, a retired four-star general. general, thank you for joining us. if nothing is done, we got the fiscal cliff. $35 billion or 10% of the defense budget will be cut. can it handle that kind of back? >> were the things that has been missed is the uncertainty over the last year. in particular, the last six months. but the the budgetary cuts have already started to take place from the
Search Results 0 to 15 of about 16 (some duplicates have been removed)

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